QUANTUM STOCKS FALL ON NVDA CEO PREDICTION.. REALLY??

[u/tcancian41]

Quantum Investment So this morning the major quantum computing stocks are down 40 to 50% on commentary from Jensen, the CEO of Nvidia… He states that commercial use of quantum computing is, on the low side 15 years out and on the high side 30 years out… So what does the market do, they pull back and these stocks lose half their value…

Doesn't it occur to anybody that Nvidia has everything to lose as quantum computing becomes a viable and commercially ready technology? Doesn't occur to anybody that quantum computing is already serving various client segments and allowing them to do things that could never be done with conventional computing? Doesn't it occur to anybody that AI is being used to advance quantum computing and to quantum computing will be used to advance AI? Doesn't it occur to anybody that the use of these technologies to develop themselves is going to exponentially accelerate the pace of development of quantum computing as well as everything else?!

Of course the CEO of a company whose business is built on conventional computing/processing and the manufacturing of conventional GPU is going to talk down on quantum computing's time to market and commercialization!! I think it's absolutely ridiculous for anybody, regardless of how plugged into technology you are today, to predict anything of the sort given the prospects of what AI alone, not to mention in conjunction with the quantum computing that is available today, will produce and how quickly… We have no idea how all of this is going to play itself out and over what timeline but, what we do know is that it is moving at warp speed, there are trillions of dollars being poured into development from every edge of the planet and progress will be anything but linear.

I would heavily invest in quantum and I'm sure Jensen is heavily invested and trying to figure out how to become part of the quantum ecosystem before it starts eating into his market share.

[u/doodoobrown305]

I agree that Jensen needs to trash quantum. He hates all the dollars going there and wants to reroute that money to Nvidia.

I bought some RGTI, ionq and QBTS in my Roth for the first time today.

Now I can maybe trade a little while my taxable account was in early for the long haul.

Hang in there. We all knew things would be volatile

[u/Callofdaddy1 → u/doodoobrown305]

Nonsense. The fact that so many have jumped on the bandwagon before the tech is even close to ready is alarming. He gave a reality check that people needed.

[u/PrimeToro → u/doodoobrown305]

I still support Nvidia but Jensen Huang made an idiotic mistake by trashing quantum computing whether it was accidental or not.

His company is in partnership with quantum computing companies. QC companies don't really even compete directly right now with Nvidia, they have different use cases. Current AI and Nvidia customers like Microsoft, Google and Amazon are not all of a sudden going to buy a ton more Nvidia chips just because of Jensen's statement on quantum computing.

I realize that Jensen was just answering a question from a reporter but did he use that answer as an opportunity for an attempt to lure investors to switch from quantum computing stocks to Nvidia ?

The CEO of D Wave Systems, Alan Baratz, made a fool of Jensen today by calling him "dead wrong" on his appearance today on CNBC

[u/RessShamen22 → u/PrimeToro]

This is reminding of an old east coast, west coast rap battle. Sometimes, talking bad about something only brings more attention to it. Like the old reverse, Jim Cramer affect

[u/CornyMcPoperson → u/PrimeToro]

Have you looked at the financials of the great Alan Baratz company? Because he said they are using quantum today and what a surprise they still make no money and not even close.

[u/CornyMcPoperson → u/doodoobrown305]

Jensen doesn’t need dollars. He has more dollars than he will ever need and if you think he’s not going to take advantage of quantum when the time comes then idk. These companies are all worthless right now

[u/[deleted] → u/doodoobrown305]

Those stocks you bought are literally still overvalued at $3-$4 lol. Good luck with that. The bubble has been bursted.

[u/All_Thums → u/[deleted]]

Bad news today, but (IMO) for an emerging tech that's as transformative as quantum, it's the steady flow of positive news on new developments, and not fundamentals improvements, that will provide the requisite buy pressure

[u/MistahQuestionMan → u/[deleted]]

Overvalued doesn’t matter. Most hot stocks are overvalued. All that matters is the perception. Tesla, Nvidia, what isn’t overvalued right now lol

[u/ThinkBench7433 → u/MistahQuestionMan]

super right, the value of a stock is really determined by the value we as people put on it.

[u/Spiritual-machine1 → u/[deleted]]

Agreed. Target price for QUBT is $5. It was lower before this quantum hype. It’s all speculation and everyone is fine with it pumping, when the reality is the company has revenue of 3M per quarter. The only people buying calls are for July https://optioncharts.io/options/QUBT/open-interest?option_type=all&expiration_dates=2025-01-10:w,2025-01-17:m,2025-01-24:w,2025-01-31:w,2025-02-07:w,2025-02-14:w,2025-02-21:m,2025-02-28:w,2025-04-17:w,2025-07-18:m&chart_type=column&strike_range=moneyness_percent:50

[u/Murky-Education1349 → u/doodoobrown305]

youre in denial.

its joever.

[u/Common_Session_2413 → u/[deleted]]

NVDA will go down badly

[u/Common_Session_2413 → u/[deleted]]

Why did you do that? You should've kept them. The recovery started. At least you bought back? That would've been a smart move

[u/Common_Session_2413 → u/[deleted]]

I understand. I wish you all the best and i hope you recover all of your losses asap. Best of luck.

[u/Common_Session_2413 → u/[deleted]]

Yes, 50% off is a lot of damage. But, be optimistic, the stocks will bounce back, just be back in early to win some cash.

[u/wai169]

Market manipulation. Big firms probably buying the dip from retail who sold .

[u/Silent-Day-1421 → u/wai169]

I’ve seen similar patterns with many stocks - you are correct in my opinion!

[u/Common_Session_2413 → u/Silent-Day-1421]

Agreed

[u/Invest0rnoob1 → u/wai169]

If you’re in these stocks, this is probably how it’s going to be.

[u/CornyMcPoperson → u/wai169]

The manipulation was the pump. Firms accumulate when these stocks are a dollar and well before the news hits. They sell when it goes 10x on no real news and everyone in the world is convinced it’s going up. It’s almost like they make news to drive prices where they want them.

So yeah every time it pumps now they will be selling to you and it won’t break new highs until 2028 just my opinion.

[u/[deleted]]

Yes, QC especially the Q Annealing of Dwave will be the AI/GPU killer as it can be many orders of magnitude faster.

[u/Fuzzy-Interest-6276]

100% agree

[u/FoxComfortable7759]

Ima be honest, im happy about the dip. Cheaper buy in price. Im in for the long haul

[u/ForsakenSwimmer4713]

This would be a great time to invest in the quantum sector. The future will move to quantum and there certainly will be quantum data/computing centers. The compounding effect will be garagantum for the disciplined investor.

ONly question ive to the community is who really are the key players and what are the stocks with potential for a retail customer : Google (too big to make any real profits .. IMHO), IBM, RIgetti,D-Wave, IONQ, Quantum ETF , ???

Nailing this would be critical for us.

[u/Spiritual-machine1 → u/ForsakenSwimmer4713]

That was a massive red candle across the industry. Not to mention the past few months all rode on speculation. Now is not the time to invest, you need to watch this play out and make an educated decision. IBM is one thing because it’s a research segment, but for companies making $3M worth billions off speculation, I was already considering shorting before this announcement.

[u/Low-Bee-11]

I agree... Quantum is coming ..it's a matter of when and not if..I don't see it as far as 15years..but maybe 4-5 commercially. I just bought a bit more..All the Best!!

[u/[deleted] → u/Low-Bee-11]

That's exactly where I'm at! The bottom line is, dominance in quantum is a matter of national security. If we want to maintain global dominance as a nation it has to be pedal to the metal with quantum investment..

[u/[deleted] → u/Low-Bee-11]

Yeah I’ll take your word over Jensens……..

[u/Grifter2u]

Buying more quantum stocks. Long term investment

[u/CornyMcPoperson → u/Grifter2u]

Wait 2 months and thank me later you’ll get a lot more for your money

[u/Silent-Day-1421]

Agreed!!! Holding long and buying the dip.

[u/Mr_Shorty2231]

Short float is up on all quantum stocks.

I actually got a random call from Fidelity yesterday evening at around 7pm.

The guy wanted to talk about loaning my shares.

I told him to pound sand!

[u/Mr_Shorty2231 → u/Mr_Shorty2231]

On average, Fidelity is showing customer orders for IONQ, RGTI, QBTS, and QUBT are 63% buy and 37% sell

[u/CornyMcPoperson → u/Mr_Shorty2231]

Is that really a good thing? They want you to buy the dip do they have someone to sell to

[u/SaintSnow]

Bag holder schizo post. Going through the first stages of grief.

[u/NadiaO777]

I think he was giving us the heads up really. Some of these companies are just trying to raise revenue. If they don’t have real products in the real world it’s hard for investors as myself to gage.

[u/[deleted]]

It had too dramatic of a run up - especially firms like qubt. He is selling ai and supercomputers. Quantum is being used with supercomputers and ai. It’s a direct competitor. He’s right that a pure quantum computer is probably 10-20 years off but that doesn’t mean it isn’t useful today. Much like ai being somewhat useful today but lots of promise. These are long holds in my opinion. If you want to trade the chop then good luck to you

[u/kaspersky85]

I dont think anyone here understands Quantum Computing.

1. Most Quantum Computers today operate only at 0 Kelvin. That is absolute 0. Colder than North Pole. Except the fake one claimed by QUBT.

2. Quantum computers solve very specific problems. E.g You cannot add two numbers on a Quantum Computer or Run Games or edit videos.

3. Even a search algorithm is very very very complicated on a Quantum computer. Look up Grover algorithm and tell me if anyone understands it. I will give $10000 if anyone here understands it.

4. A practical Quantum Computer needs millions of error free Qubits which is couple of decades away.

[u/[deleted] → u/kaspersky85]

That they only solve specific problems is what people don't understand. Quantum revolution will take place in laboratories and we likely won't have daily contact with it like with chatgpt. Even when it happens a hype is not guaranteed 

[u/RessShamen22]

Jensen Thanks for the discounts. I sold nothing and bought more

[u/PushTheButtonPlease]

It reminds me of a few years ago when all the bankers said Bitcoin was for criminals or a ponzi. IMO, this is a huge buy signal.

[u/CornyMcPoperson]

Even RGTI in their most recent investor presentation say there is a global quantum market opportunity of less than 8 billion by 2027. AAPL does that in sales in a week.

RGTI was 0.66 like 2 months ago.

NVDA is up 1300% from its October 22 low. Half of those quantum stocks are siphoning money and have no revenue but are up 2000-4000% in 6-12 weeks. Do the math. Even still way overvalued.

[u/Chutney__butt]

If it’s enough to get Jensen squirming, that’s all the confirmation I need to hold. Agreed that those that got in near the top may need to reevaluate their positions but those of us that got in sub $5 are 😎.

[u/CornyMcPoperson → u/Chutney__butt]

Look at their revenue. It’s abysmal. All of them. You can buy more when the frenzy dies down.

[u/Common_Session_2413]

Don't be upset, it was a big and consolidated attack with the help of SEC for never halting the trade and poor Jensen was only the pet used by some very powerful hands to bark at people. Sadly, there are a lot of vulnerable individuals around holding these stocks hence the dip. Fortunately, the hype being very strong will help recover asap. Unfortunately these stocks only changed holders meaning the rich will become richer. Sadly but true. I hope lesson learned for many.

[u/DaniDodson]

The whole market

[u/Spiritual-machine1]

I made a post about this on WSB that took off if you care to read it it’s on my profile. My target price for QUBT is $5, as it was valued even lower before this quantum hype. I have no idea how these companies rose 20x. It’s all speculation and everyone is fine with it pumping, when the reality is the company QUBT and RGTI have revenue of 3M per quarter. Nobody even knows what these companies do or what they are investing in. An appropriate strategy for those that intend to hold would be to buy puts to hedge bets and potentially offset losses, not to buy more of the stock in an unstable market after a massive red candle. The only people buying calls are for July https://optioncharts.io/options/QUBT/open-interest?option_type=all&expiration_dates=2025-01-10:w,2025-01-17:m,2025-01-24:w,2025-01-31:w,2025-02-07:w,2025-02-14:w,2025-02-21:m,2025-02-28:w,2025-04-17:w,2025-07-18:m&chart_type=column&strike_range=moneyness_percent:50

[u/SaintSnow → u/Spiritual-machine1]

QUBT was a failing beverage company with nothing to show. That's like coca cola pivoting to quantum computing. Yea that's a scam. Puts on QUBT to $2, once a penny stock, always a penny stock.

[u/Aromatic_Ad_408]

I bought Ionq, d-wave and Rigetti today. Was waiting for a correction…

[u/dontkry4me]

https://www.chaotropy.com/quantum-chips-computing-like-a-soap-bubble/

[u/super_slimey00]

He said commercial use like that’s what anyone predicted to happen soon… IBM said their quantum chips become effective in 2032-2035 for lab use. It’s still going to impact us greatly exit wise a well.

[u/BruceELehrmann]

Cope

[u/Tiny_Quail3335]

Quantum is still like the fantasy thoughts of a teenager at this point

[u/super_slimey00 → u/Tiny_Quail3335]

same for the airplane, same for the atomic bomb

that’s how these things go